One of the latest developments in the Bitcoin market is the potential approval of a Bitcoin Exchange-Traded Fund (ETF). An ETF is a financial product that allows investors to gain exposure to an asset without having to directly own it. In the case of a Bitcoin ETF, it would provide investors with a convenient way to invest in Bitcoin through traditional brokerage accounts. But what would happen if a Bitcoin ETF is approved? Let’s dive into the potential implications and outcomes. Understanding Bitcoin ETFs The Basics of Bitcoin ETFs A…
Read MoreDay: September 23, 2023
Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections
Bitcoin is helping secure the truthfulness of Guatemala’s election results. Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the country’s presidential elections from fraud and tampering. Todd’s tool, which leverages hash functions and the bitcoin blockchain, is able to timestamp pieces of information and make it easier to spot attempts at fraud and manipulation. The idea of timestamping documents is fairly old. Individuals and societies have relied on this technique for…
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